CANADA IS RETIRING THE PENNY. WILL WE FOLLOW ??

by Drue-AFCL Posted 2012/03/30 17:19:30

Related Topics: Canada, Retiring

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18 votes
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	YES	6 votes	33%
	NO	12 votes	67%

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lucythetooth 2012/03/31 18:36:43

NO

+1
Probably not because that would make sense. Why on earth would our government do anything that would save money?

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Kat 2012/03/30 22:37:31

NO

+1
I doubt it.

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Cal 2012/03/30 20:37:19

YES

+1
We should follow. It costs more to produce the penny than the penny is actually worth. It's a massive waste of money. Besides....no one bothers with pennies. Get rid of them already.

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ed 2012/03/30 19:31:39

NO

+1
not a good idea at all

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Syl 2012/03/30 18:23:46

YES

+1
Right before that happens, exchange about ten dollars for pennies. Then when they dissappear, the material of the pennies you have are worth more than ten dollars. This way, you can profit from inflation!

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Hula girl - Friends not Fol... 2012/03/30 18:05:37

NO

+1
I hope not....it' only raises prices never lowers them.

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relic 2012/03/30 17:45:01

NO

+1
We should never follow canada's lead.

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davyd god loving patriot 2012/03/30 17:44:19

NO

+1
how will nobama pay off unions and acorn if he does ?

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Peripatetic Iconoclast 2012/03/30 17:42:59

YES

+1
In reality, I have no idea whether will or not get rid of the penny. I wish we would. What a waste of time and resources. Now, having written the preceding, I still pick them up from the sidewalk. Naturally, not as money, but as a good luck charm.

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ray 2012/03/30 17:31:01

NO

+1
Two things they have been trying for Decades is to get rid it the penny and instill a dollar coin.
Two things American have rejected repeatedly for decades is getting rid of the penny and dollar coins.

consider this , with no pennies what would be a 1% sales tax be on a dollar ?

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Syl to ray 2012/03/30 18:27:36

1% sales tax, really? So what's your sale tax on 50 cents then? It's all rounded up, or down. In the Netherlands we haven't used the penny for almost ten years. Then again, we have 6-19% sales taxes.

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ray to Syl 2012/03/30 21:09:02

State sales tax are usually between 4% to 8% , then some counties add their own sales tax and even some Cities will add a tax to that .
"It's all rounded up, or down."
here is never rounded down . The tax on a penny is a penny.

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Demon D... to Syl 2012/03/31 20:49:28 (edited)

You use the euro don't the euro come in a 1 penny or cent whats the diffrents?

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Syl to Demon D... 2012/04/01 12:49:43

+1
We have one, but like I said, we don't use them anymore. Stores don't accept them, nor do they give them as change in the Netherlands. Everything is rounded up or down.

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aikidoka37 2012/03/30 17:29:50

NO

+1
whats that mean? im not good with politics or money

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Bill 2012/03/30 17:29:02

YES

+1
`should

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Sinister Ken Doll™ 2012/03/30 17:20:53

NO

+2
i need pennies to survive!

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